2, MONKS CLOSE, STENSON FIELDS, DERBY, DE24 3JS - £182,500

2 MONKS CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £182,500 in September 2017, which was around 30% below the average September 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

2 MONKS CLOSE Sold Prices

Land registry data shows three sales for 2 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 2 MONKS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 26 SEP	£182,500	£261,384	30% below HPI
2006 28 JUL	£155,000	£217,126	29% below HPI
1999 20 DEC	£67,000	£87,745	24% below HPI

2 MONKS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 2 MONKS CLOSE sales between December 1999 and September 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 MONKS CLOSE?

2 MONKS CLOSE is 70m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 MONKS CLOSE lies on this distribution: 11% of detached houses are smaller than 2 MONKS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 MONKS CLOSE: Plot and Title Map

2 MONKS CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 MONKS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 MONKS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 MONKS CLOSE?

2 MONKS CLOSE is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 2 on MONKS CLOSE.